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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 Commission file number 001-37420 Maryland ( State or Other Jurisdiction of Incorporation or Organization ) SERITAGE GROWTH PROPERTIES ( Exact name of registrant as specified in its charter ) 500 Fifth Avenue , Suite 1530 , New York , New York ( Address of principal executive offices ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Class A common shares of beneficial interest , par value $ 0.01 per share Registrant's telephone number , including area code ( 212 ) 355-7800 Securities registered pursuant to Section 12 ( b ) of the Act : 7.00 % Series A cumulative redeemable preferred shares of beneficial interest , par value $ 0.01 per share Large accelerated filer Smaller reporting company Trading Symbols SRG 0 SRG - PA 38-3976287 ( I.R.S. Employer Identification No. ) 10110 ( Zip Code ) No □ No 区 Securities registered pursuant to Section 12 ( g ) of the Act : None . Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No □ Name of each exchange on which registered New York Stock Exchange Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes > NO Accelerated filer Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer a smaller reporting company or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act : New York Stock Exchange Non - Accelerated filer Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . DOCUMENTS INCORPORATED BY REFERENCE □ ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . No 冈 Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes On June 30 , 2020 , the last business day of the most recently completed second quarter of the registrant , the aggregate market value of the voting and non - voting common equity held by non - affiliates of the registrant was approximately $ 407,000,000 based upon the closing price of $ 11.40 of the common stock as reported on the New York Stock Exchange on such date . As of March 9 , 2021 , the registrant had the following common shares outstanding : Class Class A common shares of beneficial interest , par value $ 0.01 per share Class B common shares of beneficial interest , par value $ 0.01 per share Class C common shares of beneficial interest , par value $ 0.01 per share Shares Outstanding 38,903,146 0 Portions of Seritage Growth Properties ' Proxy Statement for its 2021 Annual Meeting of Shareholders , to be held May 20 , 2021 , are incorporated by reference into Part III of this Annual Report on Form 10 - K .